World Business Briefing | Asia: Hewlett Introduces Low-Cost PC

Published: December 11, 2004

Hewlett-Packard said it had introduced a 3,999 yuan ($483) computer in China. The price matches that for a similar bare-bones model introduced this year by the country's biggest seller, the Lenovo Group, as companies focus on smaller cities and the countryside, where most of China's 1.3 billion people live.